Aug 16, 2026

Millionaires Soon Won’t Be Able to Afford 1 Bitcoin, Says Binance Founder CZ

CZ says millionaires will soon fail to afford one full Bitcoin, because lost and dormant coins keep shrinking the float.

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Bitcoin drops 47% in a year, Strategy’s $STRC gains 9% amid market volatility

Strategy's $STRC gains highlight the potential of engineered financial products to offer stability and income amid cryptocurrency market volatility.

August 16, 2026, 7:19 am
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Public Miners Shed 21% of Bitcoin Hashrate as AI Revenue Accelerates

Three months ago, we examined how public bitcoin miners were beginning to dismantle or repurpose mining fleets for AI and high-performance computing infrastructure. This article first appeared in Miner Weekly, a weekly newsletter by Blocks Bridge Consulting, curating the latest news in energy, bitcoin, and AI compute from The Energy Mag.

August 16, 2026, 6:30 am
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Latest Articles

Bitcoin’s Final 929,465 BTC Will Take More Than a Century to Mine

Bitcoin has already produced about 20.07 million BTC since it launched in January 2009. At block height 962570, roughly 929,465 bitcoin remain under the 21 million cap, but they will not hit the market anytime soon. The easy years of new bitcoin issuance are long over.

SEC Reviews Cboe Bid to List 3x Bitcoin and Ether ETFs

U.S. traders could gain access to bitcoin and ether funds designed to deliver three times each asset’s daily performance under a Cboe proposal covering six leveraged commodity products. The SEC initially has 45 days from Federal Register publication to approve, reject, or begin proceedings.

Abu Dhabi’s $764M Bitcoin Bet Holds Firm Through Market Pain

Two of Abu Dhabi’s biggest sovereign investment vehicles sat through a roughly $118 million hit to their Blackrock spot bitcoin exchange-traded fund (ETF) positions in the second quarter and did not cut a single net share, leaving nearly $764 million riding on IBIT when June ended.

Edelman Financial’s $34M Bitcoin ETF Bet Tops Its Amazon Stake

Edelman Financial Engines, which manages $326 billion in client assets, disclosed a $34 million position in spot bitcoin exchange-traded funds (ETFs) in its latest regulatory filing, a stake that now exceeds the firm’s holding in Amazon.

BTC Exchange Price

$63,000.00  0.00%

$62,887.00 Low High $63,115.00

$1.26T Market Cap

$8.77B Total Volume (0.69%)

$126,080 All Time High -50.03%

until new daily candle